Pi was being exchanged for fiat and goods long before it hit the exchanges. This was possible through the P2P market. Pioneers were excited by the GCV price of pi being $314,169 and so wanted the price to happen.
Pi Network has chain malls across the world offering goods in exchanges for pi. The price offered for the goods uses the algorithm of Global Consensus Value or GCV. The faith put in pi coin is so great that the staunch pioneers believe that pi may bypass the $314159 price.
On exchanges the one time high price of pi coin was $2.98 as of February 2025. The price now is $0.634967 per (PI / USD) with a current market cap of $4.39B USD. 24-hour trading volume is $91.90M USD. PI to USD price is updated in real-time. Pi is -1.69% in the last 24 hours with a circulating supply of 6.92B.
So now the price quoted which is $315,000 or even $320,000 may be factual bearing in mind the price is monitored by Chain link Oracle tracking the sales of pi beyond the exchanges. Pi has gone a step further and integrated Chainlink oracle into its system. It can track pi coin exchange even in the P2P.
This happens in a very simple method. Pi has got a Blockchain which records every single pi transaction on net. Therefore we cannot negate the fact that Pi achieved $315,000. Pi will continue shocking the world.
By Meshack Bwoyele Keya
